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SEC Approval Was Huge for Bitcoin ETFs. But the World's Biggest Just Got a Far More Important Win.

The Motley Fool

After plunging in 2022, Bitcoin (CRYPTO: BTC) got its mojo back, more than doubling in 2023. The end of the crypto winter came in large part because of anticipation that the Securities and Exchange Commission (SEC) might finally grant approval to exchange-traded funds (ETFs) seeking to own Bitcoin directly.

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This Cryptocurrency Exchange-Traded Fund (ETF) Could Soar 5,300%, According to Cathie Wood's Ark Invest

The Motley Fool

Under CEO Cathie Wood, the company manages thematic exchange-traded funds (ETF) built around various technologies, including blockchain and cryptocurrency. Nearly a decade has passed, and Bitcoin is now worth $70,000, but Wood and her team still see substantial upside for investors. Ark has long been bullish on Bitcoin (CRYPTO: BTC).

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Judge Says XRP Is Not Always a Security -- the Price Is Rocketing Higher

The Motley Fool

ET after Ripple scored a big victory in court when a federal judge ruled that XRP is not "necessarily" a security. Securities and Exchange Commission (SEC) sued Ripple several years ago, claiming the company sold XRP tokens without registering them with the SEC, which violated securities laws because XRP is in fact a security.

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Bitcoin Surged in 2023. There's 1 Thing Leading Investor Optimism

The Motley Fool

Image source: Getty Images The price of Bitcoin (BTC) skyrocketed in 2023, climbing an astonishing 158% as of the time of this writing. Because investors believe the U.S. Securities and Exchange Commission (SEC) may be close to approving a spot Bitcoin exchange-traded fund (ETF).

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This Bitcoin Investment Could Give Crypto Investors a Double-Win

The Motley Fool

However, Bitcoin has bounced back with a vengeance, and crypto investors are now pouring back into the market to take advantage of what they hope will be a sustained rebound in prices in the sector. Securities and Exchange Commission to approve an exchange-traded fund that owns Bitcoin directly. and back again?

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JPMorgan to Pay SEC Fines for Deleting Electronic Records

The Motley Fool

Image source: Getty Images What happened The SEC has fined JPMorgan Chase & Co. $4 On Thursday, the SEC said JPMorgan accidentally deleted the records in the first quarter of 2018 as it was troubleshooting glitches. The commission has ordered JPMorgan to pay a fine. In 2021, the SEC fined JPMorgan subsidiary “J.P.

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This Growth Stock Soared 391% in 2023. It Could Fall 48% in 2024, According to Wall Street.

The Motley Fool

The cryptocurrency market declined more than 60% in 2022 amid a broader exodus from risky assets, but it rebounded 110% in 2023 as investor sentiment improved, in part because of excitement about the possible launch of spot Bitcoin ETFs. After tumbling 86% in 2022, the stock soared 391% in 2023. cryptocurrency exchange.